Oil futures closed higher on Friday, rebounding a bit from two sessions of declines on the back of reports of escalating tensions in Ukraine and a call from Russia for an emergency meeting of the United Nations Security Council. June oil CLM4 +0.40% tacked on 34 cents, or 0.3%, to settle at $99.76 a barrel on the New York Mercantile Exchange. Based on the most-active contracts, futures prices fell 0.8% for the week.
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